Details of the Bahrain - Morocco Income Tax Treaty (2000), signed on 7 April 2000, have become available. The treaty was concluded in the Arabic language. The treaty generally follows the OECD Model.
The maximum rates of withholding tax are:
| - | 10% generally on dividends, but 5% if the receiving company owns at least 10% of the capital of the company paying the dividends (Art. 10(2) (a) and (b));… |